Consolidated Communications doubled the number of Fidium Fiber addresses that it reaches in Pennsylvania this year and now offers access to more than 28,000 homes and businesses in the state, the company said. The increase was enabled by completing construction…
One of Consolidated Communications’ institutional investors is encouraging other shareholders not to vote in favor of the proposed Consolidated sale to Searchlight Capital Partners LP and British Columbia Investment Management Corporation. The investor, Wildcat Capital Management, owns about 3 million…
Fiber provider Consolidated Communications Holdings Inc. entered a definitive agreement to be acquired by affiliates of Searchlight Capital Partners, L.P. — which already owns about one-third of the company — and the British Columbia Investment Management Corporation (BCI). It is…
Consolidated Communications will build a fiber network in Lamoille County, Vermont that will be funded, in part, through the state. Consolidated will invest almost $10 million in the network and the Lamoille FiberNet communications union district will invest $14.9 million….
Alto, Texas — August 30, 2023 — An all-new fiber internet service is now available in the community of Alto, as Consolidated Communications has expanded its Fidium Fiber service coverage to local residents. More than 750 area homes and businesses in…
Consolidated Communications expects to complete work by November 1 on a Vermont broadband deployment project funded, in part, by the state. The project is being done through a public-private partnership with the Southern Vermont (SoVT) communications union district (CUD). When…
Consolidated Communications has won $160 million in broadband funding since 2019, said the company’s CEO Bob Udell on the company’s second quarter earnings call today. The company also discussed its plan to sell its operations in the state of Washington….
Consolidated Communications has won more than $150 million in broadband funding since 2019 and that funding is “a key component as we continue our expansion,” said Consolidated President and CEO Bob Udell on the company’s first quarter earnings call this…
Two investment firms have offered to acquire all the outstanding common shares of Consolidated Communications for cash consideration of $4 per share in a buyout deal that would convert Consolidated from a publicly traded company to a private one. The…
Consolidated Communications issued a formal announcement today stating that it has been awarded two broadband grants totaling $17 million from the Maine Connectivity Authority (MCA) through the Connect the Ready program. The MCA announced the awards, along with awards made…
Consolidated Communications was awarded $40 million in funding from the New Hampshire Office of Broadband Initiatives to go toward the cost of broadband buildouts in the state. Matt Conserva,Broadband Program Manager for the agency, told Telecompetitor that Consolidated was the…
Consolidated Communications has made Fidium@Work, an offering that includes multi-gigabit symmetrical broadband and Wi-Fi 6, available to new business customers in the company’s fiber markets. The service is available with no contracts or data caps. It includes VoIP business phone…
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